Lakewood Ranch Taxes Going Up ... or Maybe Down

Lakewood Ranch Taxes Going Up ... or Maybe Down

Article excerpt

LAKEWOOD RANCH

If you reside in Lakewood Ranch, the part of your property tax
bill that goes toward protecting, maintaining and enhancing your
neighborhood could be increasing by an average of $317 or decreasing
by about $144.

It all depends on your address.

Much of Lakewood Ranch, an area between State Road 70 and
University Parkway, is divided into five "community development
districts." The elected boards of those districts assess taxes and
make decisions pertaining to almost every aspect of each district,
from roads to gatehouses to parks and stormwater ponds.

Headquartered at Town Hall, the Inter-District Authority is the
umbrella organization that provides the administration and staff to
get tasks done for those CDDs. (Newer parts of Lakewood Ranch, such
as Lake Club and Central Park, are in a separate tax district
controlled by developer Schroeder-Manatee Ranch.)